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FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs

FTX Debtors Demand Return of Funds Given to US Politicians and Super PACsFTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators Joe Manchin and Tina Smith, have already pledged the funds […]

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French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in US

French Lawyer Asks Russian Patriarch to Help Save Alexander Vinnik From ‘Political Trial’ in USA member of the defense team of the alleged BTC-e operator Alexander Vinnik has called on the head of the Russian Orthodox Church to intervene in support of his client. The Russian national may be sentenced to over 50 years in prison for his role in the infamous cryptocurrency exchange. Prisoner Swap for Americans in […]

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender Nexo

More Than a Half Dozen US Securities Regulators File Actions Against Crypto Lender NexoCrypto lender Nexo is having issues with state authorities from California, New York, Washington, Kentucky, Vermont, South Carolina, and Maryland. The enforcement actions from multiple state securities regulators detail that Nexo’s Earn Interest Product (EIP) may be in violation of securities laws. Nexo Targeted by Several Securities Regulators Over the Crypto Lender’s Earn Interest Product […]

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As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’

As Biden Drains the SPR Down to 1984 Levels, Chinese State Media Claims US Dollar ‘Is Once Again the World’s Problem’Two days ago, U.S. president Joe Biden was criticized for claiming inflation in America hasn’t increased during the past few months. “I’m telling the American people that we’re going to get control of inflation,” Biden stressed during his “60 Minutes” interview that aired on Sunday night. Amid Biden’s claims, ahead of the next Federal Reserve […]

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Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum

Study Identifies the Top 10 States in America Most Interested in Bitcoin, EthereumOn September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that California captures 43% of the traffic visiting the site’s bitcoin and […]

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’

Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. economy’s “collapse will come,” and he further stressed that “debt has to be liquidated.” ‘End the Fed’ Evangelist Ron […]

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Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity

Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of CapacityOn Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in Washington, Georgia, has 36 megawatts, which is expected to give Cleanspark’s hashrate a 38% boost this quarter. Publicly-Listed Bitcoin Miner Cleanspark Expands Operations in Georgia […]

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge

Roman Catholic Archdiocese of Washington, DC will accept crypto donations

Crypto donations platform Engiven’s page for the archdiocese includes the option to send funds anonymously using many tokens, from Ether to 0x.

The archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries.

In a Tuesday announcement, crypto platform Engiven said it would be facilitating donations to the Roman Catholic Archdiocese of Washington, D.C. for fundraising efforts and to increase the church’s “digital stewardship initiatives.” According to the archdiocese’s website, the funds will be used to directly support 139 D.C.-area parishes as well as local programs including providing food to those in need.

"The Roman Catholic Archdiocese of Washington, D.C. seeks to leverage technology to engage parishioners in new and exciting ways, making it easier for the faithful to fulfill the mission of the Church," said Joseph Gillmer, executive director of development for the archdiocese.

Engiven’s page for the archdiocese included the option to send donations anonymously in many cryptocurrencies, from Bitcoin (BTC) to 0x (ZRX). According to the platform, funds designated for individual parishes receive 100% of the net proceeds of donations.

Cointelegraph reported in November that Engiven had facilitated crypto donations for more than 400 faith-based organizations, including processing a single BTC donation for $10 million. Founder James Lawrence said at the time that “no faith-based organization, church or non-profit can afford to neglect its online audience, donors and seekers” with crypto becoming a part of that ecosystem.

Related: Pro-Russian groups raised only 4% of crypto donations sent to Ukraine

While certain dioceses within the Roman Catholic Church seem to be open to using the latest technology, the Russian Orthodox Church said in February 2021 that it was not planning to accept cryptocurrency for donations, nor create its own digital currency. A spokesperson suggested at the time that church members send money over the phone rather than crypto. Russian President Vladimir Putin has since signed a bill into law prohibiting digital financial assets as payments in the country.

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Here’s What Endangers Bitcoin (BTC) and Crypto Assets the Most, According to US Senator Ted Cruz

Here’s What Endangers Bitcoin (BTC) and Crypto Assets the Most, According to US Senator Ted Cruz

US Senator Ted Cruz says he knows what the single greatest threat is to Bitcoin (BTC) and the overall crypto industry. In a new interview on the Verdict Podcast, Cruz says that the biggest hazard the crypto markets face is lawmakers in Washington who don’t know what they’re doing. “I think the single greatest threat […]

The post Here’s What Endangers Bitcoin (BTC) and Crypto Assets the Most, According to US Senator Ted Cruz appeared first on The Daily Hodl.

Fidelity and Ark Lead the Way as Bitcoin ETFs Surge